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Microcap & Penny Stocks : Ben Ezra Weinstein (BNEZ) -- Ignore unavailable to you. Want to Upgrade?


To: Elio Madama who wrote (6859)1/8/1999 10:29:00 PM
From: heatseeker  Read Replies (1) | Respond to of 9391
 
Elio, my point is that they are trying to create panic. I must admit, I am getting fairly nervous, and I have a strong stomach. But I will not sell...I held down to 0.13 last drop (and I suffered the same symptoms then as I am now).

It is possible that some of the apparent "selling" is simply trades between MM's so that they can walk the price down. If they scare enough of us, we will dump at the first sign of a run-up (say at 0.25).....and they'll have all the shares they need to cover shorts and probably some to go long. After all, 0.25 may sound pretty attractive to some longs who wanted a much higher sell target before this cratering of the price occurred.

Again, this is all probably BS, as it would require cooperation by multiple MM's.

heatseeker



To: Elio Madama who wrote (6859)1/8/1999 10:42:00 PM
From: heatseeker  Read Replies (2) | Respond to of 9391
 
Also, how do you explain the occasional 100 share trade at the bid? I can't think of any other explanation than manipulation.

I don't know, do we ever have 100 share trades at the ask? I don't recall seeing any, but I don't see every trade.

heatseeker